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Global Inventory Management Software Market in the Retail Sector 2016-2020

Global Inventory Management Software Market in the Retail Sector 2016-2020

About the Inventory Management Software Market in Retail Sector

Inventory is a central asset for a company and represents the investment that is involved from the manufacturing to the sale of the product. Mishandling of inventory can lead to significant financial problems and result in either inventory glut or inventory shortage. An inventory control system is the set of guidelines and controls that monitors levels of inventory and regulates what levels should be maintained, when stock should be restocked, and what should be the economic order quantity.

Inventory management is the set of guidelines to keep track of products, items, or assets; evaluate the storage requirements of components; and supervise the amount of finished products.

Technavio’s analysts forecast the global inventory management software market in retail sector to grow at a CAGR of 8.31% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global inventory management software market in retail sector for 2016-2020. In order to calculate the market size, we are considering the one-time licensing cost.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Inventory Management Software Market in Retail Sector 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Epicor
  • Oracle
  • SAP
  • Microsoft
  • JDA Software
  • Netsuite
  • Sage Inventory Advisor
  • Fishbowl
  • Inflow
Other prominent vendors
  • Accellos
  • Aldata Software Management
  • Descrates
  • GTNexus
  • IBM
  • IBS
  • Kewill Systems
  • Kinaxis
  • Lawson Software
  • Logility
  • Manhattan Associates
  • Quintiq
  • RedPrairie
  • Retalix
  • Servigistics
  • Totvs
Market driver
  • Supply chain inefficiencies and need for transparency
  • For a full, detailed list, view our report
Market challenge
  • High installation costs
  • For a full, detailed list, view our report
Market trend
  • Increased adoption of RFID
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Inventory Management Software Market in Retail Sector 2016-2020

Technavio recognizes the following companies as the key players in the global inventory management software market in retail sector: Epicor, Oracle, SAP, Microsoft, JDA Software, Netsuite, Sage Inventory Advisor, Fishbowl, and Inflow.

Other Prominent Vendors in the market are: Accellos, Aldata Software Management, Descrates, GTNexus, IBM, IBS, Kewill Systems, Kinaxis, Lawson Software, Logility, Manhattan Associates, Quintiq, RedPrairie, Retalix, Servigistics, and Totvs.

Commenting on the report, an analyst from Technavio’s team said: “A trend helping boost market growth is the increasing adoption of RFID technology. The rise in e-commerce and m-commerce has led to the adoption of omni-channel distribution systems, which require sophisticated inventory management systems to monitor operations. M-commerce and e-commerce companies compete on the basis of price, quality, and delivery time. RFID systems use an electronic data interchange to provide real-time information about the status of ordered goods to customers and retailers. They help minimize the cost of operations by reducing the delivery time and defects per million opportunities, such as delivering the wrong item, which triples the delivery time and can result in customer attrition.”

According to the report, a key growth driver is the existing supply chain inefficiencies and need for transparencies. Accurate demand planning by manufacturers and retailers is also another complex task because of inefficiencies such as incorrect data and delayed data flow through the supply chain. Manufacturers can obtain point-of-sale data from retailers, but without information about stock levels during inventory transportation, it is not possible to forecast the demand accurately.

Further, the report states that one challenge that could hamper market growth is the high cost of installation.

Companies Mentioned

Epicor, Oracle, SAP, Microsoft, JDA Software, Netsuite, Sage Inventory Advisor, Fishbowl, Inflow, Accellos, Aldata Software Management, Descrates, GTNexus, IBM, IBS, Kewill Systems, Kinaxis, Lawson Software, Logility, Manhattan Associates, Quintiq, RedPrairie, Retalix, Servigistics, Totvs.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market segmentation
      • Table Countries covered for market analysis
    • Vendors
    • Review period
    • Standard currency conversion rates
      • Table Definitions
    • Recommended reading
    • Target audience
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Inventory management
      • Table Purposes of maintaining inventory
      • Table Reasons for inefficient inventory management
      • Table Benefits of inventory management software for retailers
  • Market landscape
    • Market overview
      • Table Overview of global inventory management software market in retail sector
    • Market size and forecast
      • Table Global inventory management software market in retail sector 2015-2020 ($ millions)
  • Market segmentation by deployment type
    • Global inventory management software market in retail sector by deployment type
      • Table Global inventory management market in retail sector by deployment type 2015 (% share)
    • Cloud
    • On-premises
      • Table Comparison of cloud-based and on-premises inventory management software
  • Geographical segmentation
    • Geographical segmentation of inventory management software market in retail sector
      • Table Geographical segmentation of inventory management software market in retail sector 2015-2020 ($ millions)
    • Americas
      • Table Inventory management software market in retail sector in Americas 2015-2020 ($ millions)
    • EMEA
      • Table Inventory management software market in retail sector in EMEA 2015-2020 ($ millions)
    • APAC
      • Table Inventory management software market in retail sector in APAC 2015-2020 ($ millions)
  • Buying criteria
    • Table Buying criteria considered by retailers for inventory management software
  • Market drivers
    • Table Drivers of inventory management software market in retail sector
    • Increase in omni-channel retailing
    • Supply chain inefficiencies and need for transparency
      • Table Traditional retail supply chain
      • Table Retail e-commerce supply chain
    • Increasing e-commerce transactions
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Challenges of inventory management software market
    • Data security and consumer privacy
    • High installation costs
      • Table Costs associated with inventory management software implementation (% share)
    • Mismatch between physical inventory and system data
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Trends in inventory management software market
    • Increasing adoption of RFID technology
    • Development of automatic store replenishment systems
    • Emerging technologies in inventory management system
  • Five forces analysis
    • Table Five forces analysis
  • Vendor landscape
    • Competitive scenario
    • Vendor matrix
      • Table Deployment models supported by vendors
      • Table Features provided by vendors
      • Table End-user support provided by vendors
      • Table Licensing options provided by vendors
      • Table Geographical presence of vendors
      • Table Customer size of vendors
  • Key vendor analysis
    • Key vendor offerings
      • Table Service offerings
    • Key vendor profiles
      • Table Epicor: Business segmentation
    • Small and medium-sized vendors
    • Other prominent vendors
  • Appendix
    • List of abbreviations
    • Assumptions
  • Explore Technavio

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